Edition:
India

Philip Blenkinsop

ArcelorMittal cuts steel demand forecast, targets asset sales

01 Aug 2019

BRUSSELS The world's biggest steelmaker ArcelorMittal cut its forecast for global steel demand, with a sharper reduction now envisaged in Europe due to a lean automotive market.

Euro zone growth halves, inflation slows in spur for ECB

31 Jul 2019

BRUSSELS Euro zone economic growth halved in the second quarter and inflation slowed sharply in July, reinforcing market expectations that the European Central Bank will further ease monetary policy in September. | Video

Higher costs negate rising beer sales for Heineken

29 Jul 2019

BRUSSELS Heineken NV, the world's second-largest brewer, missed estimates for first-half profit on Monday, as rising input costs offset higher beer sales.

Bully or broker: EU wonders which Boris Johnson will come to Brexit talks

28 Jul 2019

BRUSSELS/PARIS The European Union is offering new British Prime Minister Boris Johnson a wary welcome, insisting it will consider any detailed new ideas he has on Brexit but cautious lest his gambit is ultimately to blame Brussels for a no-deal departure.

Bully or broker: EU wonders which Boris Johnson will come to Brexit talks

28 Jul 2019

BRUSSELS/PARIS The European Union is offering new British Prime Minister Boris Johnson a wary welcome, insisting it will consider any detailed new ideas he has on Brexit but cautious lest his gambit is ultimately to blame Brussels for a no-deal departure.

Bully or broker: EU wonders which Boris Johnson will come to Brexit talks

27 Jul 2019

BRUSSELS/PARIS The European Union is offering new British Prime Minister Boris Johnson a wary welcome, insisting it will consider any detailed new ideas he has on Brexit but cautious lest his gambit is ultimately to blame Brussels for a no-deal departure.

AB InBev profits as beer sales growth hits five-year high

25 Jul 2019

BRUSSELS Anheuser-Busch InBev, the world's largest brewer, beat earnings expectations after beer sales grew at their fastest pace in over five years, helped by increases in Latin America, Europe and Africa and a later Easter.

EU executive lays out rules to govern planned euro zone budget

24 Jul 2019

BRUSSELS The European Commission proposed on Wednesday rules to control a budget for the euro zone, despite ongoing disputes among its members over the planned budget's size and scope.

EU has 35 billion-euro list if U.S. hits its cars, trade chief says

23 Jul 2019

BRUSSELS The European Union will retaliate with extra duties on 35 billion euros ($39.1 billion) worth of U.S. goods if Washington imposes punitive tariffs on EU cars, the bloc's trade chief said on Tuesday.

Will ECB walk or just talk as rate circus comes to Europe?

20 Jul 2019

BRUSSELS The global march towards lower interest rates reaches Europe this week with the European Central Bank expected at least to signal easier monetary policy, while Turkey's new banking chief is seen taking an ax to the country's rates. | Video

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